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by Will Purcell
The diamond and specialty minerals stocks box score for Friday was a poor 54-83-129. The TSX Venture Exchange rose fractionally to 710 while polished diamond prices edged downward. Grenville Thomas's North Arrow Minerals Inc. (NAR) fell five cents to 17 cents on 372,000 shares. The company has several gem hunts on the go, but encouraging news has been sparse this year.
Matt Manson's Stornoway Diamond Corp. (SWY), down one cent to 98 cents on 1.04 million shares, has begun commissioning its big Renard diamond mine in the Otish Mountains region of Quebec that is nearly set for production. The commissioning, which will begin with testing of the processing plant's crushers, screens, conveyors, pumps and recovery circuits, first with water and then with kimberlite, is expected to take several weeks. Mr. Manson, president and chief executive officer, says the move is a major milestone, achieved eight weeks ahead of the company's revised schedule and a seven-month improvement on the original schedule laid out in Stornoway's 2014 construction plan.
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